Housing Wire
APRIL 14, 2023
While spring of 2022 saw a similar share of all-cash homebuyers, one needs to look back to 2014 before seeing similar shares. In March of 2022, sellers received an average of 5.5 Then, the mortgage interest rates were in the low-4% range. In the months before the COVID-19 pandemic, the share of all-cash buyers hovered in the teens.
Housing Wire
JANUARY 26, 2021
November’s numbers mark the greatest annual growth rate since February 2014 and even blew past the 8.4% According to Hale, realtor.com’s 2021 outlook expects an eventual moderation to price gains as home construction ramps up and the widespread availability of COVID vaccines bring more flexible sellers back to the housing market.
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Housing Wire
AUGUST 3, 2022
People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% We saw this in 2013-2014 and 2018-2019. They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. However, as we all know, after 2020, things are just more intense. .
Housing Wire
FEBRUARY 1, 2023
It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. “It in 2022, the weakest showing since 2014.
Empire Appraisal Group
JANUARY 11, 2023
Existing-home sales are expected to end the year 16% down from the same time period in 2021, marking their lowest level since 2014, Yun said. NAHB: Sharp Contraction in Construction. And while lumber prices have eased from record highs, construction costs remain 14% higher due to shortages in other supplies, like gypsum and steel.
Housing Wire
MARCH 23, 2022
Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. months and above, the builders will pull back on construction. It’s taking forever to build a home and that has created a huge number of homes under construction.
Lamacchia Realty
FEBRUARY 6, 2024
Now servicing buyers and sellers in Worcester County, Colin’s clients describe him as helpful, energetic, and goal-oriented. Since then, she has taken off running and has helped her buyers and sellers reach their goals. Cyndi thrives to make her buyers and sellers her top priority.
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